Yorkshire Building Society said people will be able to choose a regular amount of money to save and have the deposits taken directly from their post-tax salary. But savers can still withdraw their money at any time, without penalty, if it is needed. Yorkshire Building Society has teamed up with Salary Finance, which provides employee benefit technology, for the initiative. Care home provider Allied Healthcare will be the first company to offer the product, Yorkshire Building Society said. Saga, another Salary Finance client, will also be launching the savings product.

Source: Daily Mirror January 18, 2018 04:27 UTC